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NYT bombshell on Trump’s taxes proves his philanthropic claims ‘don’t always add up’

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Press conference of Donald Trump, President of United States of America, during NATO (North Atlantic Treaty Organization) SUMMIT 2018. (Gints Ivuskans / Shutterstock.com)

A new report by The New York Times Friday afternoon is diving into President Donald J. Trump’s hidden financial records that “cast doubt on a number of his charitable commitments and show that most of his giving came from land deals that offset his income.”

Trump wrote in his book, Trump 101: The Way to Success, “If you don’t give back, you’re never ever going to be fulfilled in life,” but his philanthropic endeavors do not seem to add up. According to his tax records, The New York Times reported Friday that Trump has given back “at least $130 million since 2005, his second year as a reality TV star on NBC’s The Apprentice. But of that amount, “the vast bulk of his charitable tax deductions, $119.3 million worth, came from simply agreeing not to develop land — in several cases, after he had shelved development plans.”

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Conservation easements made up three of the agreements, and the fourth was a deal wherein Trump donated property for a state park.

The Washington Post found that Trump he had “exaggerated, or simply never made, an array of claimed contributions,” according to The Times. His own charitable foundation, the Trump Organization, shut down in 2018 “amid allegations of self-dealing to benefit Mr. Trump, his businesses and his campaign.”

In response to questions from The Times, Amanda Miller, a spokeswoman for the Trump Organization, said, “President Trump gives money privately. It’s impossible to know how much he’s given over the years.”


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2020 Election

Anthony Scaramucci: ‘Trump is really losing it psychologically’

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Former White House Communications Director Anthony Scaramucci on Tuesday suggested that President Donald Trump is suffering mental problems after losing the 2020 election.

"Trump is really losing it, psychologically," Scaramucci wrote on Twitter. "His followers don’t get that being a 'loser' is just about as bad as actual death to him."

"He is now a 'loser' in his daddy’s eyes," he added. "All he can do is act out. I wonder how it will end."

Trump is really losing it, psychologically. His followers don’t get that being a “loser” is just about as bad as actual death to him. He is now a “loser” in his daddy’s eyes. All he can do is act out. I wonder how it will end.

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2020 Election

Rick Wilson and George Conway hilariously ridicule the GOP’s attempt to save Georgia’s Senate seats as Trump implodes

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Conservative attorney George Conway -- who is married to former Donald Trump adviser Kellyanne Conway -- made an appearance on GOP consultant Rick Wilson's "The New Abnormal" podcast on Tuesday, where the two Lincoln Project founders wondered whether the president really wants the Republican Party to hang onto the two Georgia Senate seats headed for a run-off in January after he went down to defeat in the state.

The trio started off the Daily Beast podcast with a hilarious dramatic reading of the Washington Post's bombshell report about the president's inability to comprehend how he lost the election, with Conway laughing at the mention of Trump's "fragile mental state."

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2020 Election

US lawmakers renew stimulus push as focus shifts to Biden

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President-elect Joe Biden will present his economic team on Tuesday, as a bipartisan group of senators make a renewed push for another stimulus package to help the faltering US economy.

With Covid-19 cases spiking, the world's largest economy faces an uncertain outlook that Biden and his economic team led by nominee for Treasury secretary Janet Yellen will have to work to remedy.The diverse group, with women and minorities in key roles, will face millions in jobs losses and a rising wave of small businesses shutting their doors and major corporations laying off their workers.

Outgoing Treasury secretary Steven Mnuchin agrees on the need for more federal help for workers left jobless and business battered by the pandemic.

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